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    Description

    1908 Half Eagle, PR67
    Stunning First-Year, Matte Proof Indian Five
    Essentially Perfect Surfaces

    1908 $5 PR67 NGC. This was the first year of issue for the European-inspired matte finish, a process that was not entirely new to the Mint but one that had previously been limited to medals. The matte finish took collectors by surprise, and it did not take long for them to express their dissatisfaction to Mint officials, who made a change in 1909 and 1910 to the so-called Roman Gold finish. Of the 167 proof half eagles that were struck in 1908, it is estimated that only 100 examples were actually distributed, the remainder being melted. Combining the data from both of the major services, one comes up with a total of 147 coins certified. We suspect there is a large number of resubmissions within the numbers certified, and believe probably far less coins -- perhaps as few as 50 or so individual examples -- are known today once the many resubmissions are backed out. Most survivors are lower in grade than this coin. This is one of the finest examples known with 11 other pieces so graded and just one piece certified finer (7/14).

    This example has the typical khaki coloration common to 1908 proof gold and the coarser-grain finish always seen on the date. The striking details show definition that only a proof is capable of displaying, with intricate detailing on all the design elements. Each side is devoid of any noticeable shiny spots or contact marks and the cheek of the Indian is smooth and unaffected by even the tiniest contact mark. This is essentially a perfectly preserved proof.
    Ex: Columbus, OH CSNS Signature (Heritage, 4/2006), lot 2901; Milwaukee CSNS Signature (Heritage, 5/2010), lot 2275.
    From The Pannonia Collection.(Registry values: N10218) (NGC ID# BYJ6, PCGS# 8539)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    September, 2014
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 615

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